While the summit might feel like a pitch competition, Storms says the process is designed with knowledge- and relationship-building in mind, and is for investors and entrepreneurs alike.
Investors will receive formal education during Angel 101 sessions in mid-January. They will also participate in due diligence and deal structure negotiations, led by lead investor Ryan Heit of Valhalla Private Capital, throughout February.
“This is an opportunity to learn the ropes, meet other investors that you can co-invest with and share deal flow with and if you’re really interested in it, you can join Valhalla Angels and start angel investing on a regular basis,” says Storms.
Entrepreneurs will have the opportunity to attend Basecamp at a discounted rate (prepping them for raising capital) and will meet 20 to 30 new potential investors.
Although the group will collectively decide on one startup, Storms hopes there will be plenty of side deals.
Start-Up TNT Investment Summit is based off similar events in Seattle and Kelowna.
The fund is accepting investors. Interested parties can inquire here.
Startup TNT Investment Summit is not the only way to get involved in early-stage investing. Here’s a look at two other groups in Edmonton: